RE:RE:RE:RE:RE:Stuck Konnect, surely you can connect the dots and see reality with this 'shell'
No, if I felt that way I wouldn't waste my time here.
Reality?
To determine the reality of this company we need the facts.
Since we don't have all the facts that determination cannot be made.
You could be right and maybe this is a dud.
Or, you could be wrong and they could be on the verge of becoming what they say.
Opinions really do not matter though.
Facts matter.
As you have mentioned they do not have any business.
By definition that is correct.
This is because they are a research and development company working on a process that, if successful, will let them create a business with revenues, profits, pay taxes, etc...
So the whole thing about burn rate, consultants, engineers, scientists is in line with an R&D company, which is what they are.
If they were a business then you would be right, it is horrendous.
But they ain't, yet.
You need to put the spend in the context of their current phase.
Yes it looks bad but they never seem to have had an issue raising cash over the last ten years so no reason to think its an issue now, unless you want it to be for some reason.
That is something that they seem to be good at.
Now after all these years SP and SJ seem to have an inside track, who knows if they do.
They are very positive and excited, got to admit I want to believe them.
Good thing you are not a negative person.
Lots of us have been here for a long time, if its a dud then we will be disapointed but we got into this knowing its a long shot which could likely fail but if it works it could also be huge.
Odds are always against startups, especially something like this.
I was very optimistic way back when then got less and less so as time wore on and was frustrated by the lack of apparent progress and openess but I always had hope that what they were alluding to would someday happen.
They guys say we are close, maybe time to be even more positive than you already are?
Kobi may have a point in the first line of his last post.
The rest of us will no doubt hang on and hope for the best.
Maybe we are all fools, won't be the first time for me.
GLTA!